Pump.fun has established itself as the dominant platform for token launches, responsible for over 50% of new token launches. It has surpassed other token creation hubs and is being used for various trends, including the launch of official celebrity and country tokens. The platform's token creation surpasses other platforms like Moonshot and TRON's Sun.Pump. Its success is attributed to its tie to the Solana ecosystem, which provides seamless liquidity. The platform has a large audience and generates a high number of new assets daily. However, criticisms include the lack of a fee-sharing program and unfinished bonding curves. Meme tokens on Pump.fun reach high valuations quickly but limit innovation. Traders often cash out in the short term, and the asset's price is kept lower due to the need to realize profits.
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